Set Your Own Salary
December 15, 2006 5:20 AM Subscribe
Within the past year, I read an article about a corporation where employees set their own pay. Other functions are similarly innovative. I vaguely remember a connection to Brazil/Latin America.
What is this company? Where can I find more?
I think the company youre looking for is Semco.
(Wikipedia link to Ricardo Semler, the owner)
posted by Boobus Tuber at 5:36 AM on December 15, 2006
(Wikipedia link to Ricardo Semler, the owner)
posted by Boobus Tuber at 5:36 AM on December 15, 2006
Best answer: Here's a PDF link to an article about the company.
And one from the Observer:
Who's in charge here? No one | Business | The Observer
posted by Boobus Tuber at 5:40 AM on December 15, 2006
And one from the Observer:
Who's in charge here? No one | Business | The Observer
posted by Boobus Tuber at 5:40 AM on December 15, 2006
That does indeed appear to be the case.
posted by A Thousand Baited Hooks at 5:40 AM on December 15, 2006
posted by A Thousand Baited Hooks at 5:40 AM on December 15, 2006
Response by poster: It would be interesting to hear about similar ventures.
posted by Korou at 5:43 AM on December 15, 2006
posted by Korou at 5:43 AM on December 15, 2006
The book is very good - highly recommended. They tried just about every crazy strategy you can imagine and just barely avoided failure many times over.
I would also recommend Let My People Go Surfing if you are looking for more books about businesses outside the norm.
posted by rsanheim at 6:54 AM on December 15, 2006
I would also recommend Let My People Go Surfing if you are looking for more books about businesses outside the norm.
posted by rsanheim at 6:54 AM on December 15, 2006
Often mentioned alongside Semco are WL Gore and Associates (the people who make Gore-Tex, most famously). They have little or no hierarchy, and very flexible working practices. They are similar in structure, not to the point of choosing your own salary as far as I know.
WL Gore and Associates - Wikipedia, the free encyclopedia
The Fabric of Creativity- Fast Company
posted by Boobus Tuber at 7:11 AM on December 15, 2006
WL Gore and Associates - Wikipedia, the free encyclopedia
The Fabric of Creativity- Fast Company
posted by Boobus Tuber at 7:11 AM on December 15, 2006
This thread is closed to new comments.
posted by A Thousand Baited Hooks at 5:25 AM on December 15, 2006